RMX 0.00% 0.1¢ red mountain mining limited

Ann: Company Update, page-148

  1. 6,951 Posts.
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    glad I sold out of this train wreck when I did, options are now pretty much worthless which I figured might happen and I was smart enough to sell out at a decent loss but not disaster one which it would have been, management have pulled the wool over many peoples eyes here imo, talking up red valley as the next big thing on virtually no evidence and like ive said previously comparing it to a billion dollar company with only a faction of its wealth is actually from clayton valley was very misleading of RMX management imho, lots of smoke and mirrors to increase the share price but never any real substance, there showed shareholders nothing but distain, from delay after delay and a big discounted capital raising. one thing is for certain, old bill reputation is completely ruined now. its pretty much A shell again with a bit of cash as I can pretty much guarantee the cobalt project will not go ahead.

    ask yourselves would you go into business with these guys? if not why do you hold shares here!!
 
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